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4609 Shadeland Avenue

Indianapolis, IN 46226

– beds
– baths
– sqft
7,841 sqft lot

Prime Development Opportunity in a High-Traffic Corridor Situated just a mile south of the I-465/Shadeland/56th Street interchange and mere blocks from Pendleton Pike and Mass Ave, this high-visibility parcel is surrounded by a dynamic mix of retail and residential traffic. Zoned C4 for maximum flexibility, the site presents a remarkable opportunity for a wide range of commercial developments. Formerly a car wash, the unimproved lot is adjacent to a busy gas station, bordered by retail to the south, office space to the north, and a large apartment community to the east. Directly across the street, a prominent school and church campus adds to the consistent traffic flow and community presence. Nestled near several major retail centers featuring national brands and easily accessible via multiple commuter routes and public transit lines, this location offers exceptional potential for development, visibility, and long-term growth.

Listing courtesy of MIBOR / BluPrint Real Estate Group

Last checked: Checking… • Last updated Jun 26, 2025 •

MLS# 22041036 —

The Building

New Construction:

false
Development Status:

NoStatus

Location

Directions:

GPS Friendly
Latitude:

39.841013
Longitude:

-86.045654

The Property

View:

true
Property Type:

Land
Property Subtype:

Commercial Land
Parcel Number:

490712116034000407
Acres:

<1/4 Acre
Lot Size Acres:

0.18
Lot Size SqFt:

7,841 Sqft
Price Per Acre:

544444
Type:

Single Lot
Divisible:

No
Zoning:

C4, D6
Present Zoning:

Not Applicable
Topography:

Cleared
Land Characteristics:

Rectangle
Horse Amenities:

None
Soil Type:

Not Applic
Road Access:

Frontage Road
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

49-07-12-116-034.000-407
Tax Year:

2023
Semi Annual Property Tax Amt:

662.64

Utilities

Water:

Municipal Water on Site
Sewer:

Municipal Sewer On Site
Solid Waste:

No

Schools

High School District:

MSD Lawrence Township

The Community

Subdivision Name:

Shadeland Terrace
Facilities On:

Electric,Sewer,Water
Facilities Near:

Gas

Extra Units

Other Structures:

Not Applicable

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/25/25 Jun 25, 2025	Price Changed	MIBOR	$98,000	-6.7%
6/1/25 Jun 1, 2025	Listed / Active	MIBOR	$105,000
1/19/22 Jan 19, 2022	Price Changed	MIBOR

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This plot of land located in Devington, Indianapolis, IN 46226 is currently for sale for $98,000. 4609 Shadeland Avenue is a – square foot plot of land with – beds and – baths. 4609 Shadeland Avenue is in the Devington neighborhood of Indianapolis and has a WalkScore® of 50, making it somewhat walkable. This plot of land is in the attendance area of Brook Park Elementary School Of Environmental Studies (West Side), Belzer Middle School, and Lawrence Central High School.

Listing Courtesy of: MIBOR and BluPrint Real Estate Group.

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